Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Will Trump Try to ‘Overrule’ Monetary Policy?
By Mark ThomaHow will the Federal Reserve evolve during Donald Trump’s term as president? Presently, three of the seven positions on the Federal Reserve Board are vacant. These vacancies, along with the...
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Why the Treasury Is Ending a Low-Income Retirement Saving Program
Less than two years after the Obama administration rolled out a myRA, a savings program aimed at helping the millions of Americans without access to a retirement account through work, the Trump...
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Will Janet Yellen Give Wall Street a Scare?
For years, the Federal Reserve has been unable to convince the market it's serious about aggressively tightening policy. Janet Yellen and her cohorts have been guilty of "crying wolf," constantly...
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Is the Fed About to Wage War on the Rich?
For years, stocks have been driven relentlessly higher thanks to a single statement that summarized the aggressive central bank largesse since the eurozone crisis flared up in 2012: Policymakers...
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Is the Fed Fighting the Trump Rally?
The evidence is growing that the Federal Reserve’s policymakers are actively working to lean against the stock market's rise, a dramatic reversal from the years of policy support stock market bulls...
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The Fed’s Big Mistake: Rate Hikes Hurt US Workers
By David DayenProtesters rallied in Washington, New York City and Philadelphia yesterday against an imminent government action that would damage the financial prospects of ordinary workers. And no, it had nothing...
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The Fed, the Reality of Tax Cuts, and Donald Trump
By Mark ThomaFor many years, Republicans argued that tax cuts for the wealthy pay for themselves. Cutting taxes on the wealthy, according to Republicans, allows them to keep a larger share of anything new they...
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Will Unwinding the Fed’s $4.5 Trillion Balance Sheet Kill the Bull Market?
Over the last decade, investors have grown accustomed to a Federal Reserve that constantly coddled them, allayed their fears and did everything possible to support the financial markets and asset...
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The Key to This Market: Here’s What Will Determine if Stocks Rise or Fall
For now, instead of putting pressure on risk assets, the Fed's newfound hawkishness is bolstering the reflation trade by lifting the dollar higher and attracting global capital into U.S. assets. Same...
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Can Wall Street Handle Higher Interest Rates?
The Federal Reserve just raised interest rates for the second time in three months, signaling a dramatic quickening of its prior pace. For the first time in more than a decade, Fed policymakers are...
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Bernanke and QE2 under Attack by 23 Economists
By Jennifer Depaul, The Fiscal TimesTwenty-three Republican-leaning economists have attacked Fed Chairman Ben Bernanke’s plan to stimulate the economy by buying back Treasury assets. Is this a simple difference of opinion, or a move to...
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U.S. Policies Face Opposition at G-20 Trade Talks
By Vahan Janjigian, The Fiscal TimesAt this week’s G-20 summit, the smart money says international trade and currency devaluation will take center stage, even though it’s unlikely that any important issues will be resolved.
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New 3G Flash in the Pan—Gold, the G-20 and the GOP
By The Fiscal Times StaffAs world leaders headed to South Korea for their G-20 summit amid mounting European debt woes and rising risks of currency and trade wars, gold continued its meteoric rise. On Tuesday, the precious...
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Tea Party Rallying Cry: Abolish the Federal Reserve!
By Liz PeekIs the Federal Reserve out of control? The Tea Party thinks so. Suspicion of our nation’s central bank is a recurring theme of the populist movement, which blames the Fed for soaring debt , high...
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Tea Party Rallying Cry: Abolish the Federal Reserve!
By Liz PeekIf the Tea Party has its way, the Federal Reserve will be toast. They blame the Fed for everything from the nation’s soaring debt to the sinking dollar. Will “Dump the Fed” be the rallying cry of the...